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20121215
20121215
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CSPAN 3
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CSPAN
Dec 14, 2012 10:30pm EST
are not throwing america's seniors over the cliff to get a tax cut for the wealthiest people of america. we have clarity on that. host: sarah kliff? guest: the eligibility age quickly shaping up to be a big issue for the fiscal cliff. house republicans have said this is something they want to come out of these negotiations. congressional democrats, one of the top senators, has said we are not on board with it. it is difficult to see where that issue lands. what that will mean even chile is moving the age up to 67 -- will mean eventually is moving the age up to 67. host: the issue of spending, a large majority goes to these programs, medicare and medicaid, social security. speaker boehner was speaking about that yesterday. >> i am not concerned about my job. i am concerned about doing the right thing for our kids and grandkids. if we do not fix this spending problem, their future is going to be rather bleak. host: this doc fix will cost potentially $25 billion. where is the debate heading? guest: it is heading into the holiday season as there seems to be an impasse between the two political parti
CSPAN
Dec 14, 2012 8:00pm EST
a look at america by the numbers and what america looks like by the year 2016. jennifer ortman and william frey here to talk about america by the numbers. we are back in a moment. >> president obama in the reaction to the connecticut shootings. later, the impacts of the so- called fiscal cliff on tax filings. >> president obama on the school shooting in connecticut. he said the time is not to take meaningful action. he was notified by homeland security advisor john brennan. he ordered flags lowered to half staff. this is about 5 minutes. >> i spoke with governor malloy and fbi director muller. i offered governor malloy my condolences on behalf of the nation and made it clear he will have every resource he needs to investigate this crime, care for theirctimw and families. we have endured too many of these tragedies. each time i learned the news, i react not as a president but as anybody else would, as a parent. that was true today. there is not a parent in america who does not feel the same grief i fail. do. the majority of folks who died today were children between the ages of
CSPAN
Dec 15, 2012 6:00am EST
does not come to the banking sector. the capital does not come from bank of america's pockets. knows is coming out of fannie or freddie or fha. this provides a backdrop of global securitization around the world. the u.s. is a heavy user of credit products. europe is a distant second. it gives you a backdrop of the credit availability. this gives you some backdrop that the markets in the united states have come back to an extent if you look at the various asset classes. not as many people buying cars. the market is functioning. most of the student loans are going under the government's balance sheet. different loan obligations -- this data is a little bit old. $50 billion and that market is rapidly returning. this is the slide that everybody talks about, the dramatic change in how mortgage credit is made in the united states over the past six years. securitization of volumes have gone up by $300 billion in the past six years. private credit is a huge volume. $700 billion put through the private label security system. $22 billion is overstating it. of all the slides i have, this is the
Search Results 0 to 2 of about 3